Methods and systems for check processing

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20040044606A1
SERIAL NO

10378283

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A check processing technique at a point-of-sale uses a check in which a payor signs the check and indicia is automatically printed on the check indicating that the physical check is no longer negotiable. A system may include a point-of-sale terminal or cash register which is connected to a check imager, a MICR (magnetic ink character recognition) reader, and a printer. In one embodiment a method for enabling check processing includes receiving and storing a transaction amount, checking account information from the check, and an electronic image of the check having the payor's signature and indicia automatically printed on the check indicating that the physical check is no longer negotiable. The transaction amount and the checking account information may be forwarded for settlement.

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Patent Owner(s)

Patent OwnerAddress
GOLUB CORPORATION THE501 DUANESBURG ROAD SCHENECTADY NY 12306

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Buttridge, Kelly A Schenectady, NY 2 178
Comstock, Ronald N Central Bridge, NY 2 178
Friedman, Lawrence J Clifton Park, NY 9 521
Gulli, Michael A Gansevoort, NY 2 178

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